Snowflake Score | |
---|---|
Valuation | 5/6 |
Future Growth | 3/6 |
Past Performance | 1/6 |
Financial Health | 5/6 |
Dividends | 4/6 |
FLS Stock Overview
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally.
Flowserve Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | US$29.10 |
52 Week High | US$43.63 |
52 Week Low | US$27.50 |
Beta | 1.59 |
1 Month Change | -8.17% |
3 Month Change | -17.84% |
1 Year Change | -26.65% |
3 Year Change | -44.93% |
5 Year Change | -38.01% |
Change since IPO | 653.67% |
Recent News & Updates
Flowserve (NYSE:FLS) Is Due To Pay A Dividend Of US$0.20
Flowserve Corporation's ( NYSE:FLS ) investors are due to receive a payment of US$0.20 per share on 8th of July. Based...
Flowserve (NYSE:FLS) Will Pay A Dividend Of US$0.20
Flowserve Corporation ( NYSE:FLS ) will pay a dividend of US$0.20 on the 8th of July. This makes the dividend yield...
Shareholder Returns
FLS | US Machinery | US Market | |
---|---|---|---|
7D | 2.4% | -1.1% | 1.7% |
1Y | -26.6% | -20.6% | -20.4% |
Return vs Industry: FLS underperformed the US Machinery industry which returned -19.8% over the past year.
Return vs Market: FLS underperformed the US Market which returned -18.8% over the past year.
Price Volatility
FLS volatility | |
---|---|
FLS Average Weekly Movement | 5.3% |
Machinery Industry Average Movement | 6.0% |
Market Average Movement | 8.0% |
10% most volatile stocks in US Market | 16.8% |
10% least volatile stocks in US Market | 3.2% |
Stable Share Price: FLS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: FLS's weekly volatility (5%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1912 | 15,000 | Robert Rowe | https://www.flowserve.com |
Flowserve Corporation designs, develops, manufactures, distributes, and services industrial flow management equipment in the United States, Europe, the Middle East, Africa, Asia, and internationally. It operates in two segments, Flowserve Pump Division (FPD) and Flow Control Division (FCD). The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines.
Flowserve Fundamentals Summary
FLS fundamental statistics | |
---|---|
Market Cap | US$3.83b |
Earnings (TTM) | US$96.05m |
Revenue (TTM) | US$3.50b |
39.6x
P/E Ratio1.1x
P/S RatioIs FLS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
FLS income statement (TTM) | |
---|---|
Revenue | US$3.50b |
Cost of Revenue | US$2.49b |
Gross Profit | US$1.02b |
Other Expenses | US$919.67m |
Earnings | US$96.05m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.74 |
Gross Margin | 28.98% |
Net Profit Margin | 2.74% |
Debt/Equity Ratio | 71.1% |
How did FLS perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield109%
Payout RatioValuation
Is FLS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
5/6Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FLS?
Other financial metrics that can be useful for relative valuation.
What is FLS's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | US$3.83b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.4x |
Enterprise Value/EBITDA | 14.9x |
PEG Ratio | 0.7x |
Price to Earnings Ratio vs Peers
How does FLS's PE Ratio compare to its peers?
FLS PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 40.3x | ||
JBT John Bean Technologies | 30.6x | 18.5% | US$3.6b |
WBT Welbilt | 46.2x | 55.7% | US$3.4b |
AQUA Evoqua Water Technologies | 73.5x | 33.8% | US$3.9b |
TKR Timken | 10.9x | 13.0% | US$4.1b |
FLS Flowserve | 39.6x | 54.2% | US$3.8b |
Price-To-Earnings vs Peers: FLS is good value based on its Price-To-Earnings Ratio (39.6x) compared to the peer average (40.3x).
Price to Earnings Ratio vs Industry
How does FLS's PE Ratio compare vs other companies in the US Machinery Industry?
Price-To-Earnings vs Industry: FLS is expensive based on its Price-To-Earnings Ratio (39.6x) compared to the US Machinery industry average (21.5x)
Price to Earnings Ratio vs Fair Ratio
What is FLS's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 39.6x |
Fair PE Ratio | 47.8x |
Price-To-Earnings vs Fair Ratio: FLS is good value based on its Price-To-Earnings Ratio (39.6x) compared to the estimated Fair Price-To-Earnings Ratio (47.8x).
Share Price vs Fair Value
What is the Fair Price of FLS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FLS ($29.1) is trading below our estimate of fair value ($55.33)
Significantly Below Fair Value: FLS is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: FLS is good value based on its PEG Ratio (0.7x)
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Future Growth
How is Flowserve forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
Future Growth Score
3/6Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
54.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLS's forecast earnings growth (54.2% per year) is above the savings rate (1.9%).
Earnings vs Market: FLS's earnings (54.2% per year) are forecast to grow faster than the US market (13.8% per year).
High Growth Earnings: FLS's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: FLS's revenue (5.8% per year) is forecast to grow slower than the US market (8.3% per year).
High Growth Revenue: FLS's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLS's Return on Equity is forecast to be low in 3 years time (14.4%).
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Past Performance
How has Flowserve performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
14.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLS has a large one-off loss of $54.3M impacting its March 31 2022 financial results.
Growing Profit Margin: FLS's current net profit margins (2.7%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: FLS's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: FLS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FLS had negative earnings growth (-27.4%) over the past year, making it difficult to compare to the Machinery industry average (24%).
Return on Equity
High ROE: FLS's Return on Equity (5.9%) is considered low.
Discover strong past performing companies
Financial Health
How is Flowserve's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: FLS's short term assets ($2.4B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: FLS's short term assets ($2.4B) exceed its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: FLS's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: FLS's debt to equity ratio has reduced from 93.8% to 71.1% over the past 5 years.
Debt Coverage: FLS's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: FLS's interest payments on its debt are well covered by EBIT (4.6x coverage).
Balance Sheet
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Dividend
What is Flowserve current dividend yield, its reliability and sustainability?
Dividend Score
4/6Dividend Score 4/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
2.75%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FLS's dividend (2.75%) is higher than the bottom 25% of dividend payers in the US market (1.57%).
High Dividend: FLS's dividend (2.75%) is low compared to the top 25% of dividend payers in the US market (4.25%).
Stability and Growth of Payments
Stable Dividend: FLS's dividends per share have been stable in the past 10 years.
Growing Dividend: FLS's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (108.5%), FLS's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (80.8%), FLS's dividend payments are covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
4.2yrs
Average management tenure
CEO
Robert Rowe (50 yo)
5.17yrs
Tenure
US$12,478,105
Compensation
Mr. Robert Scott Rowe has been Chief Executive Officer and President of Flowserve Corporation since April 1, 2017. Mr. Rowe served as Interim President of Flowserve Pumps Division at Flowserve Corporation...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD12.48M) is above average for companies of similar size in the US market ($USD6.87M).
Compensation vs Earnings: Robert's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: FLS's management team is considered experienced (4.2 years average tenure).
Board Members
Experienced Board: FLS's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Flowserve Corporation's employee growth, exchange listings and data sources
Key Information
- Name: Flowserve Corporation
- Ticker: FLS
- Exchange: NYSE
- Founded: 1912
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: US$3.827b
- Shares outstanding: 130.64m
- Website: https://www.flowserve.com
Number of Employees
Location
- Flowserve Corporation
- 5215 North O'Connor Boulevard
- Suite 700
- Irving
- Texas
- 75039
- United States
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/28 00:00 |
End of Day Share Price | 2022/06/28 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.